133 Hamilton Ave,Lorain,OH,44052

Investment Highlights

Rental property for sale in Lorain at 133 Hamilton Ave, Lorain, OH, 44052 priced at $154,900 pairs $1,300/mo rent with $281/mo cash flow after a $758/mo payment. Total monthly income equals $1,300/mo, and annual cash flow comes to $3,375/yr on $51,349 invested. Return on cash invested is 26.48% in year one, and rental yield stands at 10.07% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 138.69% and total cumulative return in cash reaches $71,216. For financing, Ziffy Mortgage’s DSCR program evaluates $1,300/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.